Responsibility Accounting for a Profit Center Focuses on Reporting

question 128

Multiple Choice

Responsibility accounting for a profit center focuses on reporting:

• A) the controllable revenues only.
• B) controllable revenues, controllable expenses, and controllable profits.
• C) controllable revenues, controllable expenses, controllable profits, and investment in assets controlled by the manager of the center.
• D) controllable expenses, and controllable profits, but not controllable revenues.

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Definitions:

Screened Applicants

Individuals who have undergone a review or evaluation process to determine their suitability for a job or program.

Desperate Need

A condition of urgency or a critical demand for something essential, often resulting in immediate action.

Job Analysis Technique

The systematic process for gathering, documenting, and analyzing information in order to describe jobs.

Interview

A formal meeting, typically one-on-one, used for the purposes of assessment, research, or information gathering, often used in the context of job hiring.